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General Electric says will slash about 6,500 jobs in Europe

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General Electric (GE) has announced that it is planning to cut up to 6,500 jobs in Europe and in those energy units it acquired from France’s Alstom last year. “The restructuring plan will touch several European countries and impact potentially 6,500 jobs out of 35,000,” a GE spokesman told AFP on Wednesday, confirming an earlier report in the L’Est Republicain newspaper. According... 

Microsoft buys Nokia mobile business for $7.2 billion

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Microsoft is buying Nokia’s smartphone business and a portfolio of patents and services in an attempt to improve its position in the mobile market and compete with Apple and Google at a time when more people pursue their lives on mobile devices. The $7.2 billion deal announced late on Monday marks a major step in Microsoft’s push to transform itself from a software maker focused on operating... 
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